RMI-2302 Study Guide - Midterm Guide: Cultural Bias, Environmentally Friendly, Risk Aversion
27 Mar 2017
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Individuals: expected utility calculations determine how much reward is necessary to take on risk. Governments/society: not easy to determine the reward necessary for government or society to take on additional risk. Problems with decision making- biases: bias- an inclination of temperaments or outlook to present or hold a partial perspective at expense of alternatives, lacks neutral view, types, age bias, cultural bias, experience bias, media bias. Incentives: things that motivate individuals to perform an action. Increased risk of cardiovascular problems: worsen depression, psychosis, anxiety, could be addictive, decreased performance over time, paranoia, aggression, irritability. Improved performance on learning tasks: longer term memory. Users: most likely to smoke marijuana, skip class, have lower gpas. Problems in health care system: quick diagnosis, ability to manipulate/feign symptoms, quick to medicate, doctor shopping. Alan schwarz opinion: they are dangerous, references richard fee case, he was an above average student, became addicted to adderall,
